HomeMy WebLinkAbout94-02
RESOLUTION 94-02
JrllVNESO~~ RESOLUTION AUTHORIZING EXECUTION IN FAVOR OF CERTAIN
AMENDMENTS TO THE DECLARATION OF TRUST OF THE
MINNESOTA MUNICIPAL MONEY MARKET FUND
MOTION BY:
KEDROWSKI
SECONDED BY:
SCOrf
WHEREAS,
the City of Prior Lake is a participant in the Minnesota Municipal Money Market
Fund (4M Fund), by reason of its approval of a joint powers agreement in the
fonn of a Declaration of Trust; and
WHEREAS,
the City has been asked to consider certain amendments to the Declaration of
Trust of the 4M Fund; and
WHEREAS,
the City has reviewed and considered the proposed amendments to the
Declaration of Trust as described in the attached proxy statement and amended
Declaration of Trust.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council that the
proposedamendments described in the proxy statement and amended Declaration of Trust are hereby
approved.
BE IT FURTHER RESOLVED that at a meeting of the 4M Fund participants to be held on February 2,
1994, City Finance Director Ralph Teschner, is authorized to attend and vote on behalf of the city in favor
of the proposed amendments, or in the alternative, is authorized to execute the attached proxy in favor of
the amendments and forward it to the proxy agent to be voted accordingly.
Passed and adopted this Jrd day of .T anuary, 1994.
YES
NO
Andren
Greenfield
Kedrowski
Schenck
Scott
X Andren
X Greenfield
X Kedrowski
X Schenck
X S
1J
Frank Boyles
City Manager
City of Prior Lake
{ Seal }
4629 Dakota St. S.E., Prior Lake, Minnesota 55372 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPlOYER